Bank of America Corp (BAC)

[enlightened1]

SHORTS ARE NOT THE PROBLEM
BAC is not a 'pinky' (at least, not yet) It is a company that holds some stature in spite of the current malaise. BAC is in some large portfolios.

There is never a shortage of money for a GENUINE good thing. People who have acquired billions, and there are more than we realise today, did not make it by being foolish in where they put their money. They are like vultures always on the look out for something undervalued. And they have the people under them
who dig out the information from places we could never get access.

No shorting will take it far below real true value for long. There is far too much money in very shrewed hands that would jump
in if that should happen. Shares are at real true value when they provide a reasonable risk return on capital invested.

The markets are telling us that there is trouble ahead - and not just in the US. What we are experiencing is no ordinary 'correction' and it has little to do with the stock markets per se. They are merely reacting to greater causes. ( and I use the word 'cause' liberally (It has more than one meaning).

We can rest assured, that when the time is right for those who see things from a far different perspective than we do, they will have no problem in making the banks, and the economy, move.

I believe that BAC will still be here, in one form or another, but still in name, when the dust clears, and the 'all clear' sounds.

If we are a slick, and quick, mover, there is money to be made trading it. Just don't be greedy, be happy with small mercies.

Happy Days or as the Chinese believe - Crisis spells opportunity